Finally its good to experiencing another over hyped meme coin after shiba inu, although i don't know how long It can hold its existance. But This is very old trend to name after popular coin. So is happening with pepe coin and most of those altcoins which using pepe name, are scam. Those are nothing but attention seekers, Pump temporary and some foolish people invest with those to get rich. I suggest to avoid those so call fake coins which are name after popular coins
Expect something like this on which this had been typical through ages already on which if a certain coin or meme coin do able to shoot up its price like 100-500x or even 1000x then expect that tons of similar named coins would really be flooding out the market. We know that there are lots of scam developers would really be making use of those coin names which are on the current hype or trend and trying out to get some marketshare. This is why for us investors should really be that mindful and be careful on what you are dealing with because we know that these scam developers would really be taking up advantage specially into those people who are really that get easily hyped with new projects which they do make themselves that too positive when it comes to investment and thinking about being rich on fastest way as possible. They would really be already imagining on how to earn hundred thousands of dollars or even millions on just investing some small amounts. Well, this one is possible but hitting up the chances or odds would really be definitely be that depending somewhat part of being lucky but in overall i dont recommend meme coins in the end of the day. |
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Prepare for the $35000 that's what's next. Every time BTC falls like this, it will instantly bounce but maybe it will happen next month.
We are in the accumulation period I suppose and a lot are already expecting a dive before it will shoot to break a resistance which I think this dive must be it. But I think it will drop a bit more to $25000. The market always acts weirder every time the bull market is about to begin.
You guessed absolutely right and btc broke the 27k support and dumped hard to 25k. I am also thinking so that btc is now preparing for next move but before this big whale will try to liquidate future players and also make fear in the market so that weak hands sell btc. I have seen many times this kind if btc dump more than 10% and then also seen quick recover. so no need to be panic from this time too and hopefully btc will recover back to 30k and then next journey to 35k. And now we are heading back to $25k if this 26k would broke down.It is really hard to predict on whether that $25k support would be able to break or not but just like on what most people been anticipating which $35k might be that possible maybe on next month or the remaining months of this year which it is really hard to tell. Now it isnt really that bad time to accumulate while coins are still that cheap. We know that whenever Bitcoins price or the entire market suffering from deep reds then we do really that see some recovery which is something that very typical scenario or situation that we do able to experience. If you are just simply accumulating and just for long term then it wont really be that bad on making yourself do make out some position as of this moment as this market is really that on reds now and not only limited on Bitcoin investment but other on top altcoins as well which they had recently dropped its price after Bitcoins price did experience that sudden plunge. Well, this is just always like an ordinary day here on crypto space and nothing is shocking imho. |
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Well, the debate is interesting, because I had not thought that one as a player has the right to win a certain part, and not a large part, that limits a lot, in fact I have that doubt, because if I enter a casino I can win the amount whatever, within the possibilities it is, in fact if a casino limits that option it is very badly done and it is not something reliable, so I think that nlso casinos do not limit the fact that one can win more than what is believed, in In this sense, if a casino applies that, it seems dishonest to me, and they would be new casinos or with many options of being scams, in the case of nominal, reliable casinos because they are highly renowned in the forum, I consider that if pse can win whatever As long as you are lucky, it is allowed. Now, when playing with a very small balance, if I see that the chances of winning large amounts are somewhat difficult, but it is difficult and not impossible and obviously it is allowed to do so, whoever says no, I think they are very wrong. , however, with a balance of 10USD you can even win 400usd in a slot machine, and I say this because it has happened to me, so it is allowed, now to take it to great profits, that is to say to balances that are above the $10k if I see it difficult, because it is something that requires a lot of patience, knowing how to play, the truth is that I see it as complicated, although there are people who are experts in slots, because they play very regularly. Not only in slots, but also in other games, such as dice, there are great chances of winning in doatoss because there are many things that can be done, some win with the most dangerous strategy for me, which is the martingale , others apply multipliers and hit the jackpot, increasing their balance in an incredible way, others with crash, with Black Jack, but that is with a good stroke of luck and with a lot of daring. Really, casinos, which are built on people's dreams and wishes, will let you walk in and grab as much money as you want? Its hilariously naive. Casinos have always exploited our innate flaws, not to award lucky people like you enormous winnings. My friend, dopamine matters. Every victory, flashing light, and prize sound is designed to attract your attention and make you desire more. Like millions before you, you believe the fairy tale that you can make a lot of money from little. Martingales and multipliers are plans and methods. Remember that the house always wins. These are clues in a maze that hold you in hope and fear. Regret do always come at the end on which its not really that shocking that gamblers do really end up with those typical condition on which they would really be having those kind of thoughts on the time that they would be playing gambling on which those kind of false hopes or unrealistic targets and beliefs would really be the main thing that they do have in mind and when the reality slapped into their faces then this is where realization would kicked in. This is why its not really that bad on having those advanced thinking in speaking about gambling risks and just simply talking with the basic principle about gambling then house do really have that edge and do really win at the end. If you are really just having that kind of common sense then you wont really be finding yourself on such trouble. Play according into your leisure needs or entertainment times and dont go far beyond with those limits and targets so that you wont really be making yourself that desperate because this is where people do usually messes up on the the time that they are molding those unrealistic beliefs and ideas that they do have into their brains. |
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Thanks for the share up, i wasnt able to read up with the current news or events on the recent dump of Bitcoin which it did really hit up that 25k mark. Lots of sure who got liquidated specially to those who had made out some long position. Good for those who shorted.  Im not really that too impulsive with these kind of situations about those sudden sells that do happen specially into those companies who had bought on earlier years.There's always an specific time that they would really be releasing those bagholds and would really be resulting that devastation in the market but come to think that having that -4k usd in price decline is really just like an ordinary condition or situation here on this space. For those who had been dealing with this market for couple of years wont really get shocked nor get surprised with this sentiment. Good time to bag hold more. Feel sorry for those who had been liquidated. hehe |
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If you don't have any experience on business field the. Start from scratch so you would provably know what are important things that needed to take care with in a business.
But if you are well established businessman and can able to plant some on existing business then its good since you don't need to worry on how to market it because they already have establish their own brand. Its up to you on how can you maximize your bought businesses so that it can generate you more money.
Both have their own pros and cons. But for me, it is best for someone that has no experience in the business field to just franchise an existing business. Franchising will let its potential partners undergo several trainings to teach them everything on how to run the business successfully. And in an existing business, there are already existing systems as well that save a lot of time and effort. Imagine looking for suppliers that are a little cheaper and at the same time its quality remains good. The workers will also be trained by the franchising company. This way, newbie businessmen take a shortcut and might have ample time to continue their jobs or do other stuff. Thats one of the pro's when you are really that tending to make some franchise or getting one on which you would really be trained up on how things do or operating so even if we do say that you dont have experience or beginner then you would really be definitely be able to handle or known it out on how to manage out your business even if you are just new but this is really that according into someones preference since not all would really be liking on having that shortcut when it comes to business and would really be liking for them to start on their own and would really be able to adapt and learn up to handle from zero until they would really become experienced. So this would really be just depending on your personal choice since there are people who do prefer this and prefer that. Growing up a business with your own or from scratch would really be giving out that advantage that you do know on how things works and moves unlike when you do buy a current existing then there would really be needing a time for you to adapt and make things familiarize but well it isnt really just that much hard though because you wont really be that dumb on buying a current business without having those kind of thinking and considerations before you do proceed. |
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Yeah and that's why gambling isn't for everyone because not all people have a good financial condition and not all people can afford to lose for entertainment. There are so many poor people out there, they need to take care and understand how to increase their life quality through other jobs. But they choose to gamble their money to earn more instead of learning a new skill and put some dedication into it.
The problem here is that those who are struggling with finance are the ones mostly into gambling. The more often vist online or physical casino to seek a big win. That turns out to be once in a while and later on the fall into gambling addiction. Gambling is not an entertainment source for the financially low income people but it is a way to overcome their financial difficulty. Those who are economically good take it as way to entertain themselves once in a while. So e onlf those don't even indulge in gambling and find other means to entertain themselves. Agreed, people who were already with financial difficulty considering gambling as entertainment isn't possible. Even if they start as a entertainment source, over time the thoughts will vary and some might make the right exit. Majority end up losing more and more in the event of trying to win big money. More care to be given when one is into gambling. For people who want to try their luck, the best choice is to trying the lotteries. This will limit the spending and helps with the betterment of gambling experience. Overtime it would really be changing and this is a fact since i do experience it for myself on the time that i was starting gambling.Yes, you could really set your mindset that you should only play for fun and entertainment but on the time that you are on the condition or situation you are already in negative then you would really be changing up that kind of thought on which you should really be needing to play on at least trying out to recover those losses on which this would really be that your main priority on the time that you would be playing. Why i could say so? This is something that i had experienced and ending up on being wrecked in the end of the line. You would be finding yourself that you are already that addicted to gambling and even if you do say to yourself that you arent but basing up on the behavior and the activity or dealing you are doing then you would considered to be done. This is why we should really be that careful because even if you do make yourself having that control but being unaware that things do gradually change along the way. This is why its relevant that you should really be careful because chances of addiction is something that you cant notice on the time that you are actively playing. |
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As we have seen all week long and a bit more than that, the price goes close to 30k and then close to 29k and then close to 30k and the.. well that continues like that non-stop. The volatility is there but the amount is very little and that is what I want to talk about, its not that much all the time. Volatility does happen time to time but it doesn't happen all the time, we just end up with bigger volatility during bear and bull runs. However, when we are not on a bear or bull run, we do not end up with any of that, price gets stuck and keeps on being the same price again and again. This is why there is no need to worry about the situation and feel a lot more comfortable about it.
Generally, there is not this much stability in the market because the market is either in the bear run or the bull run, which means it is either going down or going up, this thing only happens once in a while when the market gets totally stagnant as it has become right now. However, it is obviously nothing to worry about, those who want to buy or those who want to sell both should have some patience and keep holding their assets until the market moves. The current market is not bad for buyers though because it isn't that high, and as the bull run is expected to occur next year, if the price starts going up from this point, this might be the bottom for the current market until the next cycles come when the market enters the bear run once again. The market is like a roller coaster it will be going up and down. But we should never have to think that every drop is a bad thing in crypto instead, we consider this as an opportunity to accumulate more. As we usually heard when there is a market crash, many people got panic and sold their coins but not knowing that some people had take this advantage of buying them cheap coins which could give them a huge profit once it pumps back. Well, as usual, not all will understand and see the opportunity in every market situation because what we had focused on is today but we're not looking at the future outcome. One of the main things that you would really be able to realize on the time that you do step your foot into this market on which it is really like that riding a roller coaster ride which is really definitely the precise picture on what this market looks like.Therefore, you should really be making yourself that be prepared on whatever things that you would encounter but this would be mainly talking about volatility. Somehow if we do really talk about its effect then it would be neither a profit or a loss depending on where you do position yourself whether on the bottom or on the peak. You would be finding yourself about the outcome whether its positive or negative. We cant really be able to predict on what would happen as this should be the main thing that we are really that questioning since market is unpredictable. This is why we are really that prone to mistakes and errors due to unpredictability on which it is really that something normal to be faced on. Only people who are really that good on decision making and making some analysis on the market would really be always have the advantage but of course it isnt really that an assured thing. |
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Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.
Yes, adherence to the trading plan is healthy in trading. It is wrong to move from one strategy to another without completing it. This movement often causes losses. It is true that most of the time you have to stick to the trading plan until the end, but on the other hand, sometimes insisting on continuing the strategy is a mistake. If you see a defect in the results, you should re-evaluate the plan and then decide whether to continue, move to another strategy, or stop. The reason why there is trading plan in the first place is to make trading easier. So if you suddenly change your plan while you’re in the middle of trading, what outcome do you expect? Surely it will only lead to a mess that will make you lose from your trades. However, with beginner traders, expect that there will be possible changes along the way. Probably it’s part of trial and error method, but the more you’ll gain experiences in trading, the more you’ll have fixed and stable trading plans before you decide to start trading. Changes that had been made midway could neither be that a good call or something that turns out to be disaster on your trade since you initial plan did work and the recent one had failed out.There's always that feeling of regret on the time that you would be able to do such thing but if it did make out that other result or going along with the current change you had and turns out to be effective or a profitable one, then you would really be having that kind of perception or thinking that it is really that better to have those kind of adjustments if ever you do feel for it to be change. This is situational and this would really vary since not all changes would result on positive because its true that if you cant really be able to steady up with your initial plans then i could say that you arent really that good on handling out your emotion or having that discipline. Well, every decision to be made would be having that corresponding risks and since we are dealing on a market on which it is really that truly unpredictable then there's no way that we could be able to precisely tell on where it would be heading or going. This is why we do always be having that speculative approach from time to time and have those factors which could affect out our decisions earlier which we really mind off whether we do go that way or stand still. |
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Airdrops and bounties don't make tokens good for free right now. Bounties and airdrops were profitable in the past and many people worked faithfully. Bounties and airdrops are not exactly the source of the market's vitality. That's why most of the bounties and airdrops are now scams. It is very difficult to find good projects. Some people think that the bull market has already started due to some increase in Bitcoin price and the rest of the market will be in uptrend from now on. But actually the bull market has not started yet. It is true that when bitcoin price rises other tokens rise. So we have to wait some more time for the bull market. I hope the tokens from bounty and airdrop can be valuable for a few days while waiting for the bull.
The OP is trying to seek for bounties and Airdrops with potential to gain value during the next bullish runs of Bitcoin having based it the on the past records when bounty hunters earned some good amount of money earned from bounty campaigns and Airdrops, however working with bounties and Airdrops with credibility is very difficult to detect now firstly there are so numerous numbers of them thus difficult to select the trusted ones secondly many of them look credible yet at the end they might turn out be a scam thus rendered the effort of hunters useless and fruitless therefore hunters has to be picky after some thorough research. One of the main reasons on why have stopped on doing bounties a couple of years now because of this market had been flooded out by tons of shit projects that have their AD. Requirements or qualifications arent something that simple anymore on which most of them are just requiring some minting,KYC,testnets and other on which it turns out to be that difficult comparing before on which you are just been asked to sign up and you are already eligible for the airdrop which it is really unlike now that it is really that hard before you would really be that eligible and this is why it do really sucks in engaging with airdrops now but i cant really deny that project would really be that making a bit harder considering that abuse could really happen and could really be having the chance for those abusers to make some good money without doing much. Somehow i do agree into the point that now that we are approaching bull run event on which these kind of trend tends to spark out once again.Depends on a certain individual whether they would be having the time on engaging or have the effort that they could really be able to deal with. |
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lol I don't really understand how you found this hard to believe. People are fucking weird, and they do all sorts of odd things, and being superstitious about their gambling habits is really far from one of the more outrageous things that people tend to do.
Personally for me, I would be annoyed at some random person asking about my bets. It really isn't anyone's business, so just out of privacy concerns I'd probably tell them to buzz off too.
With how outrageous people can be, being superstitious in gambling is the least thing I'll ever worry about. There are people offering literally all sorts of weird and crazy things to whatever god they worship to just to win something. With that said, I still wouldn't let other people see my bets. I don't want to be on the receiving end of blame if they even copied my bets. Referring to the title of this thread, the problem of belief is a phenomenon that is familiar to me personally. In Asia, there are various cultures and beliefs that are adhered to. no exception, when involved with gambling. I personally, have no problem with beliefs that are called strange by some gamblers who think more intelligently and modernly. But believe me, even we will never understand something that someone does with his gambling that involves strange beliefs in gambling. but certainly, they exist and as long as it becomes a principle for them, or is part of the culture. everything is legal, even they have the right to express what they believe like what we do, which puts forward something that is more realistic and logical. but in fact, those who believe in superstition have never opposed the modern style of gambling. As I said at the beginning, in Asia there are many cultures that some people believe can be involved with gambling, especially regarding the lottery. they will try some methods, tricks, methods, which involve the beliefs we call superstitions. but anyway, it all depends on how we interpret it. if we don't believe it, just let them do as they want to do. most importantly, no one is disturbed and harmed. I personally am more realistic, especially when talking about football betting. research and analysis, is a part that I believe in when it comes to betting. Even in today's time, we see it in boxing matches where they wear necklaces. For some, it may be weird but for them, it's not weird they just respect what others are doing. Pacquiao for example wears the Christian rosary beads in his early career after some time he had that necklace with a cross to which he also bow down in the corner before fighting. The Mexicans also do this afaik. Khabib the MMA champ has a fur hat for a lucky charm and it seems very lucky, he retired without loss. Yes, we've seen those things but most of the time it is really just been neglected or ignored out but we do know that those things does have that kind of significant meaning for them on which they would really be that believing that it is something that would really be their lucky charm on winning up a fight. Lets not make out some those negative insights and comments on what other people been believing whether it would really be that something realistic or not but its their choice and something that they would really be believing on. It is really just normal that people would be having that kind of consideration specially if they have noticed up something like on the time that they do fight or on the time that they do deal up with something which would really be needing up whether a loss or a win. Gamblers behavior does have that kind of never ending kind of approach on things on which they would really be that believing into something that they do look for it to be that relevant. |
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Rising after stumbling can only be done by those who are professional and wise in understanding the conditions for business trips, because not everyone can get back up when they stumble or fall while running a business. Especially if it's someone who has used more capital in his life for a business, of course there will be a feeling of frustration that he will feel even though that feeling doesn't need to be expressed or shown to everyone when he has fallen.
Well that's right, and when someone is in a position like that then I think it will go back to each person's personality, if they don't have a strong mentality then it is certain that they will stop halfway, I mean when they are down by experiencing things that make them fall then they will stop there. This is one of the facts experienced by several people who experienced failure in carrying out the business process. Then in terms of capital, yes, it is very influential, when they have small capital then they must be more careful in making every decision for their business expenses, lest they have partners who cannot be trusted which in the end most of them will be deceived on some agreements or agreements. For frustration it is very likely that they experience especially for some people who live with small capital, because maybe the small capital they carry is the only hope they can utilize. Sometimes having that small capital would really be having that kind of driving force on which you could really be able to make your every step would really be that something meticulously be done because you do know that you do have that limited funds which in every step you would make should really be having that kind of assurance or being sure that it is really that getting in line on what you had analyzed.Its true that alteration of decisions would definitely be something that could differ on each person because there are ones who do really easily give up on the time that they would really be experiencing some disaster and there are ones who do really withstood no matter how harsh the challenges that they would be able to face on. In speaking about financial secrets then we could really be able to read up tons of ebooks or words online about those basic things which it is really that again and again or endlessly been that recommending but not all people would really be able to follow despite of being known because of those common factors like emotional situations on which it could really that distract you on achieving your goal or sticking on what you do have in mind. |
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Hmm, interesting well, as you should know the key is to access the assets, and that key cant be shared if you want security. If you've lost the key or anyone doesn't have it he cant access the Bitcoins in the wallet. So you need to pass the key but there is a huge risk haha, as I had mentioned already if anyone has the key he can withdraw all the funds. More interestingly haha in reality people store Bitcoins for their hiers. I use to keep my keys mostly in a place and few of my family members know where. As you know haha Death is the reality and it can be on the head anytime.
Only that is indeed a way to pass on assets to heirs when we are gone, but I do things a little differently, not only giving keys but also providing understanding and knowledge about the Bitcoin investments that I have done, I hope they will have the same goal as me and one day they will be able to continue what I have been doing. I can because my family members have grown up, and I think they deserve it. I like how you emphasized sharing the knowledge and ensuring they have information about Bitcoin. Granted that you will be able to pass down your Bitcoin assets to your heir, it will all amount to nothing if they do not know how it works and how to make the best use of it. It will be wasted and all the hard-work you did for btc will be nothing to them if you do not share your knowledge as well. Its recommendable but there are certain individuals which would really be having doubts on sharing up their wallets private keys while they are still living on the sense that they would really be able to have access on the time that he/she would be deciding on telling them about those keys which it might really be that a selfish act but its totally true that not everyone would really be that confident on telling them so. Even myself havent decided on telling my wife about my wallets PK but in overall sense then it would really be just that right that you should really be telling them about the basic principles of crypto on how things works and how things to be retreived. So the solution in my part would really be storing up instructions on my pc and the PK is located on a certain hard drive or usb or whatever offline things you could really be able to put on. Once they do have that kind of awareness or knowledge, then accessing those coins wont really be that much of a problem. |
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The time to sell is when you absolutely must.
The amount to sell is the absolute minimum.
I love it, but let me elaborate, for the people who don't know why they should follow your advice. There's literally no better way to store your money than in bitcoin. Someone might think we're all here to sell, but it isn't true. We are here to save up because no other thing in the world allows us to do so. All properties generate cost. All fiat currencies are destroyed by central banks that print like crazy and blame inflation on global warming and war in Ukraine (just watch Powell in Congress). Gold is hard to store, hard to keep safe, paper gold doesn't count as it's not the real thing. If you have a few million in savings, you're fucked and you are going to be fucked by governments and banks until you find a way to cut them from your money. That's what bitcoin offers you. The best answer should be never. I will spend some on the things I need along the way, but I will always remain a bitcoiner, even if it goes to a million dollars. But we cant really deny that there would be those people who would really be altering out their emotions and decisions which would lead into selling their stash, its not bad to sell a portion of it but there would be those people who would really be selling on all-in specially if it do able to hit up that particular target or goal price that they've been longing for it to hit. So it would really vary but on the things you've said then i do definitely see the same and would really be holding Bitcoin no matter what, there might be some exemptions or cases on slicing up those coins to be converted but not really totally selling it all. Its true that it did really give out that kind of confidence and independence in speaking about your own money which its never been ideal nor worth to be in fiat form. Somewhat there would be always those people who do like to play safe or something that would be minding about the risks. Well yeah, it is always been that present and you cant blame out other people on why they had made out such decision because of those inputs or insights that they do have. |
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No I think this is the opposite, the corporate environment can create many distractions and interruptions, from commuting to time spent on social media. When you come to work, you may feel more tired and easily get lost in leisure activities instead of work. You're ridiculous, how is it possible that in a work environment with clear and formal rules you're allowed to do things outside of duty? Unless you're a typical worker who likes to break rules that are not implemented too strictly. To be fair, if you have a busy home, like a wife and a few kids, and you do not explain them well enough that you need to work and they do not respect your working space, then it's true that you are going to be able to be a lot more productive at work. But if you are single, or married with no kids, or married with kids but they all respect your working space, those are all things that can make you even more productive. As someone who has worked at home for god knows how long, I can tell you that it's definitely better to work at home. I am a lot more productive at home because nobody bothers me here, and I am in my own room and working for hours and hours a day every single day and that makes it a lot better without a doubt. I'm working from home as well and I can definitely vouch for that. I mean, it totally depends on what kind of a nature you have, if you love your work, and you like doing it in the best way you can, you will be way more productive working from home having your own working space without any disturbance or anything, it doesn't get better at all. But, if you are someone who basically doesn't like the job but is compelled to do it since you have no other options, you will most likely be less productive when you are working since you won't focus much on the work. When you are in the office, whether you like your work or not, you will have to do it and do it exactly how the management wants you to, and if you don't, they are watching you all the time, but when you are working from home, you will be free from that so you might get distracted pretty easily. Each person does have their own different passion and interest or preference and its true that if you do love on what you are doing then you would definitely be efficient. Somewhat to those people who do live or deal with things that are out of their comfort zone or interest doesnt automatically means that they do shitty work which it is really a wrong mindset or believe to have because we know that there are conditions which leaves us no choice but to deal up with things and adapt accordingly just because we dont really have any other option but to deal with it and this is something that would really be just that a common approach to have. We know that there are things in life which we cant really be able to attain or get involved with no matter how hard we do try. This is why people would really be ending up on adapting on whats front of them. The most important thing on here is to live and adapt on whatever things that we are facing.Even if it would really be that totally against on our interest or passion but if it turns out that there would be no other choice then people or human beings would naturally be accepting it and would be totally loving it as the time passes by which it would really be just that part of human nature. |
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I still think that people do not understand the value of it, but there are also unlimited supply ones that burn as well which makes no sense to me at all. When there is a limited supply and you do a buyback and you burn the ones you buy, that really makes all the worth in the world.
But, when you have an unlimited supply that constantly grows and minted 10 million new coins this year and you burned a million of it, the result may not be how you want it to be. This is why I believe that it's going to be something quite important to challenge, it will take some time for sure, not going to be same at all. I hope that it gets to a point where it will not be that simple, and we are going to end up making sure that it can be improved further.
Burning or not, it wont really be always that signifies that Altcoins price or its value would really be climbing up. Even if it does have that Trillion or Quadrillion supply but it do turns out that it does have actual utility or relevance then it would really be just that sufficient. It all matters with the utility because no matter how hard you do burn if the demand is depleting or the value is really going south then it would be pointless. Unlike on having that continuous or increasing demand and having that humongous supply then it would really be just that going up despite of those huge supply numbers. It would be always varying or depending on the demand in the end of the day and this is something that you should instill into your mind. Burning does help if the demand is high and the supply is being cut but well its not actually that very common nowadays unlike into those old years where burning is really that relevant. Now, it is really just that simply being ignored. |
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I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.
Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?
Day trading as a word of tounge is just too good to hear but it's not that easy and it may take your peace. It will require lot of your time but earning that amount is really possible or even more than that. Methods will be different from individuals to individuals so you need to find yours as well. Sooner or later you would really be able to to realize up those things because on the time that you do set your feet into the world of trading then you would really be finding yourself that you should learn up the following or acquire out these things; 1. Knowledge 2. Basic fundamentals/ 3. Experience 4. Awareness 5. Risk management 6. Emotion handling On the time that you would be able to make out such thing or able to acquire these things then i could say that you do really have the chance on making yourself that profitable at least but there's no such thing about fix income or gains on every trade that you do make but its not really that bad on setting up some amounts for you to be able to target out or would really be able for you to be able to point out on trying out to reach which at least you do have that kind of target point on which you will really persevere.
I do know a few people who do it, but they do have somewhere around 6 digits to make that. I know a guy who has about 120k to 180k, I forgot which one it was and yes I am aware that the difference is huge and 50% more, but it was somewhere there, over 100k and under 200k.
And he made about 100-200 dollars a day from trading as well. Doesn't mean he made that every single day, some days he lost, and some days he won, but when you took the average of what he did, he made 100 to 200 dollars a day. Meaning if you make zero one day and 400 another day, the average of those two days is 200 dollars, think of it like that, because trading is mainly like that and doesn't give you a clear result most of the time.
I know some people too but the capital is just that huge on which earning up a few % of their bankroll or capital will really be not that an issue. Lets say that you will be having that $100k which earning up 1% or 0.1% on day to day basis wont not might be an issue on which you could potentially be able to gain up $100-$1000 if you wanted to but dont think that it would really be that a playsafe because on the time that you would be able to put yourself or feet into the market then it will really be like a battleground. |
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I think it comes natural when you've basically lived your whole life thinking that this is all there is to it, that you'd remain a regular wage employee and you'd have to make ends meet if you want to get the nicer things in life. And then you get hit with the reality of the situation, the desirable reality that all you really need is a good break and you're already set for success. I've felt that too when I got my first massive earning in cryptocurrency. I adjusted quickly but at the same time the identity crisis lingered with me for a good while as I try to make sense of why I think I deserve to earn this much money in a week. It's really common is what I mean to say, it just hits you harder the more money you have looking in front of you.
You would totally find yourself lost in track on what are the things that should supposed to be done or those typical things that you've been doing specially on the time that you do able to experience huge profits or wins then you would be basically be buying all sorts of things that you do want and would really be having that limitation in hanging out with your friends or would really be that more secretive even with your own family. The main thing that you would be having in mind is on how to keep those money in safe and would really be away on other peoples awareness specially if this is an amount that you havent experience on holding on your entire life on which you would really be having that kind of boost of emotions that you could buy everything that you do currently have now.  On the time that you would be experiencing that deplete of money and cant be able to catch up on making it grow or making some profits then this is where you would be starting on panic because you dont like on getting into the situation on where you are before.This is where new problem would exist or would really happen. It's not just about that really, cause for all we care when we have the money we definitely know how to spend it. But in my personal case the one I got most troubled with is the fear that perhaps I'm not cut for it, and I only got lucky this time so if I fuck up and fail I won't be able to get back up again. Funnily enough this was disproven back in 2020, literally fell and lost everything in 2019, until the bull run came and helped me get back up my feet. In my opinion the stress this induces is what causes you to relish on these thoughts even more, the fear that you might lose your money one day, the fear that your friends are only there cause you can take me to dinners and drinkouts, the fear that your spouse may have been lying to you about her sincerity cause at the end of the day, you had the money already. You would really be having that kind of advance approach which i would say that it would really be normal and it is really just that right that there are some actions that would really be correlating out basing up on what do you think which i can say that it isnt really that bad idea after all.It is really just it turns out that you have done something wrong or really just that severe or too much on that kind of situation. Having those fears and anxiety about the probabilities of things on which its really that possible but thinking up advanced too much wont really give out that kind of peacefulness deep inside. You would rather be making lots of mistakes on this matter instead on doing the right thing.For a human being when we do able to experience sudden wins and its the first time you do able to held up such amount then you would really be having that kind of thinking that you should really be isolating yourself into things which could really be able to put you on such situation on which you are really that doubting. |
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With patience, we will get a lot of profit, the best strategy when we want profit in cryptocurrencies is to be patient, many people are afraid and worry because FUDS on the internet so that they sell with loss conditions, of course this is a mistake because it will make them regret for selling loss .
It is true that those who are consistent in the crypto currency market are always successful. Of course, patience is the best strategy and there are always fluctuations in the crypto currency market, but instead of panicking about the market fluctuations, we should always adopt a hold policy and be patient. Scary news is always coming in the market which causes many people to panic and sell their assets at a loss. Bad news and FUD are always spread under plans so that we sell our assets at a lower price.Fud spreaders buy our assets at cheap prices. So you are right that we always have to be patient to face all these things. So that we can earn a good profit. Scary and altered news will continue to flow, and it's your good judgement that will going to lead you to keep being patience in order to make some decent profits from your investment, this news can be used to buy more while the price still cheap then hold and wait till you see the bull market then start to decide if you already reach the value that you wanted to take your profits, buy low and sell high can be performed when you have that good patience with you. If you are that someone who do lack experience and awareness then for sure you would really be having that kind of impulsive approach and reaction on things but on the time that you would really be having that proper experience and knowledge then you wont really be that impulsive when it comes to things which you could really be able to assess on the things that you must do. It is really just that a matter on what actions you would be making. This market is always or been in default to be volatile and if you are really that someone doesnt have that kind of patience then you would be most likely be making up some bad decisions which would be resulting into that loss of money or negatives which is something that we dont really like. Try to have that calm approach when it comes to things on which it is really just that right that you should act accordingly on what you have learned and experience in the past. |
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At first I want to use this medium to introduce myself, I'm a Smartgoat and I have being studying the futuristic of Bitcoin and finally I have developed a hundred percent love to Bitcoin.
I have be wondering why people are queuing up in Bitcoin, then I began to ask if Bitcoin can make provision of food in our table. Because many people I know testify of Bitcoin and after I made my research concerning Bitcoin, I found out why people are comfortably investing in Bitcoin, is because it's a decentralized currency. then I have to come with the idea that Bitcoin can make availability of food in our table when we learn and understand the basic things of Bitcoin especially understand trading and long term investment of Bitcoin.
I think with trading they will be a provision of food in our table, when we understand the rules and regulations of Bitcoin, I don't know if this my concept can make a provision of food through Bitcoin. But I'm well convinced that with this my views over Bitcoin investment and trading it will provide or sustain human, if profit are been made. I know that Bitcoin should not be dependent on, and we suppose to make Bitcoin our side hustle but with seriousness on Bitcoin investment and trading, we can achieve a success.
With trading whether you are involving with Bitcoin or with those typical markets then it is really that something that could give out that kind of opportunity for you to make profits and able to survive on day to day living but of course its not something a guarantee because everything would really be totally depending on your trading results or on how well you do able to trade which we know that it isnt something that would be similar on each person. You are the ones who would be able to find out whether you do able to sustain yourself or wont really be able to do so. You wont really be totally relying or depending your life into something which it isnt really that profitable or something that could sustain. Its true that it would be ideal that it would really be just remain as a side hustle and not your main source but if you could be able to find yourself that make a living with it then its not bad on going full time. Decisions would varies depending on the condition you are experiencing on, and we are on our right minds on doing such step if its really that beneficial. |
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I think it comes natural when you've basically lived your whole life thinking that this is all there is to it, that you'd remain a regular wage employee and you'd have to make ends meet if you want to get the nicer things in life. And then you get hit with the reality of the situation, the desirable reality that all you really need is a good break and you're already set for success. I've felt that too when I got my first massive earning in cryptocurrency. I adjusted quickly but at the same time the identity crisis lingered with me for a good while as I try to make sense of why I think I deserve to earn this much money in a week. It's really common is what I mean to say, it just hits you harder the more money you have looking in front of you.
You would totally find yourself lost in track on what are the things that should supposed to be done or those typical things that you've been doing specially on the time that you do able to experience huge profits or wins then you would be basically be buying all sorts of things that you do want and would really be having that limitation in hanging out with your friends or would really be that more secretive even with your own family. The main thing that you would be having in mind is on how to keep those money in safe and would really be away on other peoples awareness specially if this is an amount that you havent experience on holding on your entire life on which you would really be having that kind of boost of emotions that you could buy everything that you do currently have now. On the time that you would be experiencing that deplete of money and cant be able to catch up on making it grow or making some profits then this is where you would be starting on panic because you dont like on getting into the situation on where you are before.This is where new problem would exist or would really happen. |
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